Alkami Technology Stock Probability of Future Stock Price Finishing Under 14.51
| ALKT Stock | USD 39.12 0.45 1.16% |
Alkami |
Alkami Technology Target Price Odds to finish below 14.51
The tendency of Alkami Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 14.51 or more in 90 days |
| 39.12 | 90 days | 14.51 | near 1 |
Based on a normal probability distribution, the odds of Alkami Technology to drop to $ 14.51 or more in 90 days from now is near 1 (This Alkami Technology probability density function shows the probability of Alkami Stock to fall within a particular range of prices over 90 days) . Probability of Alkami Technology price to stay between $ 14.51 and its current price of $39.12 at the end of the 90-day period is about 79.83 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.75 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Alkami Technology will likely underperform. Additionally Alkami Technology has an alpha of 0.288, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Alkami Technology Price Density |
| Price |
Predictive Modules for Alkami Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alkami Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Alkami Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alkami Technology is not an exception. The market had few large corrections towards the Alkami Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Alkami Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alkami Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | 1.75 | |
σ | Overall volatility | 3.12 | |
Ir | Information ratio | 0.12 |
Alkami Technology Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Alkami Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alkami Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 264.83 M. Net Loss for the year was (62.91 M) with profit before overhead, payroll, taxes, and interest of 108.32 M. | |
| Alkami Technology currently holds about 213.35 M in cash with (17.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.34. | |
| Alkami Technology has a poor financial position based on the latest SEC disclosures | |
| Roughly 57.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Alkami Technologys SWOT analysis digital banking leaders stock faces valuation scrutiny |
Alkami Technology Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Alkami Stock often depends not only on the future outlook of the current and potential Alkami Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Alkami Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 94.1 M | |
| Cash And Short Term Investments | 92.1 M |
Alkami Technology Technical Analysis
Alkami Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Alkami Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alkami Technology. In general, you should focus on analyzing Alkami Stock price patterns and their correlations with different microeconomic environments and drivers.
Alkami Technology Predictive Forecast Models
Alkami Technology's time-series forecasting models is one of many Alkami Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Alkami Technology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Alkami Technology
Checking the ongoing alerts about Alkami Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alkami Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 264.83 M. Net Loss for the year was (62.91 M) with profit before overhead, payroll, taxes, and interest of 108.32 M. | |
| Alkami Technology currently holds about 213.35 M in cash with (17.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.34. | |
| Alkami Technology has a poor financial position based on the latest SEC disclosures | |
| Roughly 57.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Alkami Technologys SWOT analysis digital banking leaders stock faces valuation scrutiny |
Additional Tools for Alkami Stock Analysis
When running Alkami Technology's price analysis, check to measure Alkami Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alkami Technology is operating at the current time. Most of Alkami Technology's value examination focuses on studying past and present price action to predict the probability of Alkami Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkami Technology's price. Additionally, you may evaluate how the addition of Alkami Technology to your portfolios can decrease your overall portfolio volatility.